A bank with a large credit-card customer base can market other financial products to these customers at a low cost. This is an example of
A) economies of scale.
B) economies of scope.
C) becoming a superregional bank.
D) none of the above.
B
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The violation of a statute that proximately causes an injury is termed as negligence per se.
Answer the following statement true (T) or false (F)
Limited resources and limited demand for a product are generally referred to as
A) resources. B) problems. C) constraints. D) optima. E) contribution factors.
Companies that sell basic necessities face the highest levels of business risk because consumers will
price shop aggressively for items they purchase on a regular basis. Indicate whether the statement is true or false
Which of the following statements is true of copyright law?
A. It gives the creators of intellectual property the exclusive right to produce, perform, and sell their work for a specified time period. B. Once an intellectual property is copyrighted, its further use is restricted forever. C. Copyrighting a product ensures that it is protected from piracy. D. It gives individuals the right to reproduce the pirated version of an intellectual property after the death of its original creator.